Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips get their hands on total profits of more than $29 billion
Wedoany.com Report-Nov 5, With energy prices hitting their lowest level this year during the third quarter of 2024 given the uncertainties surrounding the outlook for global oil demand made more complex by geopolitical, climate change, and other challenges, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have posted strong sets of results even though they collected around $4.7 billion less in combined profit during the quarter, which amounts to about 29.2 billion, compared to $33.9 billion gathered in the prior quarter.
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